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Spanish stock market falls 0.36 pct, closes at 11,554 points

Xinhua, May 23, 2015 Adjust font size:

Spain's benchmark stock market index, Ibex-35, fell 0.36 percent on Friday to close at 11,554.20 points, down from the 11,595.40 points of Thursday.

Shares values were up 2 percent in the week as a whole with the risk premium falling from 121.1 points on Monday at closing time to the 118.4 points of Friday. Spain's 10-year bond interest rate stood at 1.774 by the end of the session on Friday, slightly below the 1.849 percent of Monday's closing time.

Banco Popular shares led rises on Friday climbing 1.18 percent, followed by Enagas, Caixabank, BME and Banco Sabadell which rose 0.31 percent, 0.22 percent, 0.19 percent and 0.13 percent respectively.

On the other hand, IAG shares led falls losing 2.28 percent, followed by Indra, OHL, Amadeus and ArcelorMittal which lost 1.48 percent, 1.30 percent, 1.27 percent and 1.02 percent respectively.

The week was marked by two auctions of the Spanish treasury, which was able to place debt on the market at negative interest rates. On the other hand, negotiations between Greece and Brussels over the Mediterranean country's debt continued to be an issue as well as Spain's local elections to be held on Sunday. Endit